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Armstrong & Getty On Demand

It's a Screwin'

Armstrong & Getty On Demand

iHeartPodcasts

Society & Culture, Daily News, News

4.63.5K Ratings

🗓️ 14 December 2020

⏱️ 38 minutes

🧾️ Download transcript

Summary

Hour 3 of A&G features the 60 Minutes report on Sutter Health's rise through increased costs. Plus, Joe harkens back to the 80's, election stuff and an expensive government-backed energy project that failed miserably.

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Transcript

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0:00.0

For example, on the price of delivering a baby.

0:22.9

You live in Sacramento, you can expect to pay twice as much to deliver that baby here,

0:28.3

meaning you're home town of New York City.

0:30.5

I actually heard that it costs more to deliver a baby here in Sacramento than anywhere

0:36.4

else in the entire country.

0:38.4

Why Sacramento should be the most expensive place to have a baby?

0:43.6

There's no way to explain it.

0:47.5

Carrying for a premature baby in Northern California, for example, costs about $605,000.

0:54.8

In Southern California, $343,000.

0:59.0

In all, he says the average cost of inpatient care in Northern California is 70% higher

1:06.1

than in Southern California.

1:08.1

Wow.

1:09.1

We happened to broadcast from California, but that was a national story on 60 minutes last

1:13.3

night just pointing out what hospitals can do if they get motivated for profit enough.

1:18.7

In Southern Vermont and Southern California had a discrepancy that large.

1:24.6

I would find that really interesting, really notable.

1:27.9

The fact that it's a little car ride up and down I-5 is stunning to me.

1:35.8

Go ahead.

1:36.8

You've got to hope that this is not coming to wherever you are as hospitals figure out

1:41.2

how to make more money off of, well, be in hospitals, make it a for-profit business.

1:46.7

There's a USC health care economist explaining how the whole thing works and how you can make

1:53.6

it happen anywhere in the country, really.

...

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